Punda amechoka!

FEP....wot a joke. I think their only saving grace is that they never raised capital like Ekeza SACCO. Otherwise they would be very much in the news.

You should have given that advise here to all of us... now it is too late.

this is normal for any startup.it would have been worrying if there was no vision.

a start up that survives for 5 years is one that has strong foundation.

I understand that FEP has over 6000 acres of land with nearly 400 acres in their name near Daystar Lukenya and some extensive land holdings at the coast.
A stalled 4 star hotel in sagana which can be operationised with little effort. A better corporate governance in the new board with business minded board people now.
they can rise

https://www.fep-group.co...d-board-reconstitution/

another positive for FEP from their published books is that although they have made losses ,all their assets are financed through equity . they do not have those obnoxious bank loans.


they have a strong network of over 200k membership which can be used to harness a ready market for various products.

their problems seems manageable with good management.

it's turnaround is quite easy if they get the right management and partner.

not true .No dispute on the Lukenya land .
There are facts and rumours.get the facts.

the mother title is under kisima real estate and the land is fully subdivided with individual titles per plot under kisima real estate a subsidiary of FEP.you select a plot ,pay and they give you an option to transfer the plot by yourself or they do it for you.

A very open process.

I have friends who have bought the land and have titles already transferred in their names.
they did a land search and confirmed


You can confirm this from their office.and do a land search by yourself.